Endava plc logo DAVA - Endava plc

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 5
HOLD 10
SELL 1
STRONG
SELL
0
| PRICE TARGET: $4.00 DETAILS
HIGH: $5.00
LOW: $3.00
MEDIAN: $4.00
CONSENSUS: $4.00
UPSIDE: 37.46%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue
Revenue 772.3 740.8 794.7 654.8 446.3 350.9 287.9 217.6 159.4 115.4 84.1 63.9 42.6
Cost of Revenue 574.2 551.9 530.7 436.8 292.1 250.6 189.1 145.4 108.8 75.0 52.3 42.2 28.2
Gross Profit 198.1 188.8 264.1 217.9 154.2 100.4 98.8 72.2 50.6 40.4 31.8 21.7 14.4
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 0 0 135.3 121.8 0 77.2 65.9 46.7 27.6 20.5 0.6 0.5 0.2
Other Expenses 166.6 168.7 15.0 0.7 90.6 3.2 0 0 0 0 15.0 11.5 9.6
Operating Expenses 166.6 168.7 150.3 122.5 90.6 80.4 65.9 46.7 27.6 20.5 15.6 11.9 9.8
Operating Income
Operating Income 31.5 20.1 112.8 95.4 63.6 20.0 33.1 25.4 23.1 19.9 16.2 9.8 4.9
Interest Expense 10.7 6.3 3.7 3.1 2.5 1.9 0.3 0.6 0.4 0.2 0 0 0
Interest Income 1.3 6.2 3.9 0.2 0.1 0.6 0.5 0.0 0.0 1.1 0.1 0.0 0.1
Profitability
EBITDA 67.5 59.6 142.4 113.6 79.2 43.5 38.3 31.5 28.0 23.9 18.4 11.2 6.2
EBIT 37.0 34.3 121.4 95.8 66.9 25.3 30.4 25.2 23.6 21.0 17.1 10.0 4.9
Income Before Tax 24.1 27.0 114.2 102.4 54.4 23.4 30.1 24.6 21.7 20.8 15.2 9.7 4.5
Income Tax Expense 2.9 9.9 20 19.3 10.9 3.4 6.1 5.7 4.9 4.1 1.7 1.5 (0.2)
Net Income 21.2 17.1 94.2 83.1 43.5 20.0 24.0 19.0 16.8 16.7 13.5 8.1 4.7
Per Share Data
EPS (Basic) 0.36 0.29 1.64 1.48 0.79 0.37 0.44 0.38 0.32 0.32 0.29 0.16 0.12
EPS (Diluted) 0.36 0.29 1.62 1.43 0.76 0.36 0.44 0.38 0.32 0.32 0.29 0.16 0.12
Shares Outstanding 58.5 58.4 57.3 56.3 55.2 53.4 54.6 49.8 53.0 53.0 46.7 49.7 39.7
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Current Assets
Cash & Cash Equivalents 59.3 62.4 164.7 162.8 69.9 101.3 70.2 15.0 23.6 12.9 13.4 15.3 8.3
Short-Term Investments 0.1 0.2 0.1 0.4 0.6 0.6 0 0 0 0 0 0 0
Net Receivables 211.2 193.6 172.3 156.1 113.1 61.1 61.0 26.0 30.2 22.4 17.9 13.0 8.0
Inventory 0 0 0 0 0 (6.8) 0 0.0 0.1 0.1 0.0 0 0
Other Current Assets 0 0 (1.5) 0 0 24.5 0 22.8 9.8 6.7 6.4 4.5 2.9
Total Current Assets 281.9 267.6 346.7 328.2 189.7 187.4 136.9 68.1 65.8 44.5 37.7 32.9 19.2
Non-Current Assets
Property, Plant & Equipment 55.7 73.9 91.0 72.1 70.5 63.9 10.6 8.6 7.5 4.7 3.4 2.7 2.7
Goodwill 473.3 515.7 240.8 145.9 124.4 56.9 36.8 41.1 16.2 11.3 5.1 1.4 1.4
Intangible Assets 100.9 127.8 66.2 56.2 69.5 38.8 28.9 30.8 16.0 11.2 10.0 0 0
Long-Term Investments 5.0 10.5 5.2 2.3 0.4 0.6 76.2 (2.5) 0.0 0.0 0 0 0
Other Non-Current Assets 0 0 0 0 0 0 (76.2) 2.5 0 0 0.8 0.2 0.4
Total Non-Current Assets 653.9 746.3 423.5 293.7 283.5 173.5 85.8 82.9 40.6 28.4 19.3 4.4 4.6
Total Assets 935.8 1,013.9 770.1 621.9 473.2 360.9 222.7 151.0 106.4 72.9 57 37.3 23.8
Current Liabilities
Account Payables 22.7 11.0 5.5 8.2 7.0 58.6 4.2 4.5 3.7 1.5 2.0 1.4 1.3
Short-Term Debt 0 0 0 0 0 0 0 19.7 29.3 15.3 3.2 0.3 1.2
Deferred Revenue 4.2 6.1 0 4.4 3.9 3.2 2.3 2.4 1.6 3.6 0 0 0
Other Current Liabilities 8.5 20.5 (0.7) 19.3 10.0 2.0 5.7 10.8 3.9 8.5 20.4 18.3 9.8
Total Current Liabilities 121.7 153.9 120.6 128.4 102.8 76.4 54.2 71.1 54.8 41.3 25.7 20.1 12.2
Non-Current Liabilities
Long-Term Debt 180.9 144.8 0 0 0 0 0 0 0 0.0 0.4 0.2 0.7
Deferred Tax Liabilities 15.2 30.8 0 10.8 0 5.9 2.0 2.8 0 0 0 0 0
Other Non-Current Liabilities 1.5 0.5 18.9 5.9 10.2 0.1 0.1 7.5 2.8 1.8 4.9 0.2 0.2
Total Non-Current Liabilities 231.1 220.6 78.2 60.7 69.7 48.2 2.1 10.4 2.9 1.8 5.3 0.4 0.9
Total Liabilities 352.8 374.4 198.8 189.1 172.5 124.6 56.3 81.5 57.7 43.1 31.0 20.5 13.2
Stockholders' Equity
Common Stock 1.1 1.2 1.2 1.1 1.1 1.1 1.1 1.0 1.0 1.0 1.0 0.8 0.9
Retained Earnings 575.4 573.6 522.9 398.1 283.1 214.6 147.0 59.3 38.1 20.4 20.3 14.2 8.4
Accumulated Other Comprehensive Income 3.1 43.4 32.6 24.5 16.4 21.7 20.0 8.8 9.2 6.7 3.4 1.0 0.6
Total Stockholders' Equity 582.9 639.5 571.3 432.7 300.7 236.3 166.3 69.5 48.7 29.8 26.0 16.8 10.6
Total Liabilities & Equity 935.8 1,013.9 770.1 621.9 473.2 360.9 222.7 151.0 106.4 72.9 57 37.3 23.8
Debt Metrics
Total Debt 228.1 202.8 69.0 55.9 63.7 53.4 0.0 19.8 29.5 15.4 3.6 0.5 1.9
Net Debt 168.7 140.4 (95.7) (106.9) (6.2) (48.0) (70.2) 4.7 5.9 2.5 (9.7) (14.9) (6.5)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Operating Activities
Net Income 21.2 17.1 94.2 83.1 43.5 21.4 24.0 19.0 16.8 16.7 13.5 8.1 4.7
Depreciation & Amortization 44.9 38.9 32.9 29.0 24.4 18.7 7.9 6.3 4.3 2.9 1.3 1.2 1.3
Stock-Based Compensation 32.0 34.7 31.1 35.0 24.4 15.7 12.0 1.5 0.9 0.8 0.2 0.1 0.2
Change in Working Capital (40.2) (16.6) (16.1) (21.8) (21.4) (7.8) (11.5) (6.4) (7.6) (6.8) (4.2) (5.0) (2.4)
Other Non-Cash Items (7.7) (21.8) (37.6) (21.7) 8.4 (11.6) (3.2) 7.9 (3.2) (5.7) 0.3 7.6 4.8
Operating Cash Flow 52.8 54.4 124.5 120.7 87.7 40.2 35.3 34.0 14.7 10.9 11.1 12.0 8.5
Investing Activities
Capital Expenditure (4.7) (5.5) (13.7) (14.0) (5.4) (9.9) (7.4) (5.5) (6.4) (2.7) (2.1) (1.6) (1.3)
Acquisitions (6.8) (236.1) (79.7) (10.4) (101.3) (23.9) (3.2) (28.8) (13.8) (4.6) (6.4) 0.4 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 1.6 (48.7) (17.5) 0.5 0.3 4.0 0.5 2.5 0.7 0.0 0.0 0.0 0.1
Investing Cash Flow (9.9) (290.3) (110.9) (23.9) (106.4) (29.7) (10.1) (31.8) (19.5) (7.3) (8.5) (1.1) (1.2)
Financing Activities
Net Debt Issuance 29.9 133.2 (11.4) (12.1) (11.3) (10.2) (20.0) (10.3) 13.5 11.7 3.0 (1.4) 0
Stock Repurchased (64.8) 0 0 0 0 0 0 0 (1.2) 0 (0.3) (2.4) (1.8)
Dividends Paid 0 0 0 0 0 0 0 0 0 (18.2) (7.5) 0 0
Other Financing Activities (10.2) 1.8 0.4 7.0 (0.7) 0.2 1.6 (0.4) 2.5 1.8 1.4 (0.0) (1.8)
Financing Cash Flow (45.1) 135.1 (11.0) (5.1) (11.9) 20.9 26.4 (10.7) 14.8 (4.6) (3.3) (3.8) (1.8)
Cash Position
Net Change in Cash (3.0) (102.3) 1.9 92.9 (31.4) 31.2 55.1 (8.5) 10.6 (0.4) (2.0) 7.0 5.6
Cash at Beginning 62.4 164.7 162.8 69.9 101.3 70.2 15.0 23.6 12.9 13.4 15.3 8.3 2.7
Cash at End 59.3 62.4 164.7 162.8 69.9 101.3 70.2 15.0 23.6 12.9 13.4 15.3 8.3
Free Cash Flow 48.1 48.9 110.8 106.8 82.2 30.4 28.0 28.5 8.4 8.2 9.0 10.5 7.2
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Income Statement
Revenue 772.3 740.8 794.7 654.8 446.3 350.9 287.9 217.6 159.4 115.4 84.1 63.9 42.6
Gross Profit 198.1 188.8 264.1 217.9 154.2 100.4 98.8 72.2 50.6 40.4 31.8 21.7 14.4
Operating Income 31.5 20.1 112.8 95.4 63.6 20.0 33.1 25.4 23.1 19.9 16.2 9.8 4.9
Net Income 21.2 17.1 94.2 83.1 43.5 20.0 24.0 19.0 16.8 16.7 13.5 8.1 4.7
EPS (Diluted) 0.36 0.29 1.62 1.43 0.76 0.36 0.44 0.38 0.32 0.32 0.29 0.16 0.12
Balance Sheet
Cash & Equivalents 59.3 62.4 164.7 162.8 69.9 101.3 70.2 15.0 23.6 12.9 13.4 15.3 8.3
Total Assets 935.8 1,013.9 770.1 621.9 473.2 360.9 222.7 151.0 106.4 72.9 57 37.3 23.8
Total Debt 228.1 202.8 69.0 55.9 63.7 53.4 0.0 19.8 29.5 15.4 3.6 0.5 1.9
Stockholders' Equity 582.9 639.5 571.3 432.7 300.7 236.3 166.3 69.5 48.7 29.8 26.0 16.8 10.6
Cash Flow
Operating Cash Flow 52.8 54.4 124.5 120.7 87.7 40.2 35.3 34.0 14.7 10.9 11.1 12.0 8.5
Capital Expenditure (4.7) (5.5) (13.7) (14.0) (5.4) (9.9) (7.4) (5.5) (6.4) (2.7) (2.1) (1.6) (1.3)
Free Cash Flow 48.1 48.9 110.8 106.8 82.2 30.4 28.0 28.5 8.4 8.2 9.0 10.5 7.2